From a chip-positioning perspective:
$LYN 5-minute plunge of 4.67%; current price: 0.02183; 24h trading volume: $110 million.
A breakdown of the fund flows:
· The drop was concentrated in just five minutes, suggesting heavy, concentrated selling pressure
· The 24h change is still +1.39%, pointing more toward profit-taking
· Next, watch to see whether buyers step in at lower levels. If they don’t, the price could dip again
Feel free to share what you’re seeing.
The above is compiled from public information. Please verify it yourself.
$LYN 5-minute plunge of 4.67%; current price: 0.02183; 24h trading volume: $110 million.
A breakdown of the fund flows:
· The drop was concentrated in just five minutes, suggesting heavy, concentrated selling pressure
· The 24h change is still +1.39%, pointing more toward profit-taking
· Next, watch to see whether buyers step in at lower levels. If they don’t, the price could dip again
Feel free to share what you’re seeing.
The above is compiled from public information. Please verify it yourself.
